IEI vs. EDEN
IEI (iShares 3-7 Year Treasury Bond ETF) and EDEN (iShares MSCI Denmark ETF) are both exchange-traded funds - IEI is a Government Bonds fund tracking the ICE U.S. Treasury 3-7 Year Bond Index, while EDEN is a Europe Equities fund tracking the MSCI Denmark IMI 25/50 Index. Both are passively managed. Over the past 10 years, IEI returned 1.24%/yr vs 9.22%/yr for EDEN. At a correlation of -0.03, they often move in opposite directions. IEI charges 0.15%/yr vs 0.53%/yr for EDEN.
Performance
IEI vs. EDEN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IEI achieves a -0.30% return, which is significantly higher than EDEN's -3.05% return. Over the past 10 years, IEI has underperformed EDEN with an annualized return of 1.24%, while EDEN has yielded a comparatively higher 9.22% annualized return.
IEI
- 1D
- -0.12%
- 1M
- -0.00%
- YTD
- -0.30%
- 6M
- -0.00%
- 1Y
- 2.97%
- 3Y*
- 3.77%
- 5Y*
- 0.21%
- 10Y*
- 1.24%
EDEN
- 1D
- -0.01%
- 1M
- -1.61%
- YTD
- -3.05%
- 6M
- -2.55%
- 1Y
- -6.97%
- 3Y*
- 2.87%
- 5Y*
- 2.08%
- 10Y*
- 9.22%
IEI vs. EDEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IEI iShares 3-7 Year Treasury Bond ETF | -0.30% | 6.96% | 1.81% | 4.42% | -9.51% | -2.54% | 6.95% | 5.71% | 1.36% | 1.22% |
EDEN iShares MSCI Denmark ETF | -3.05% | 10.58% | -3.94% | 17.99% | -11.47% | 14.81% | 42.56% | 24.37% | -14.43% | 35.39% |
Correlation
The correlation between IEI and EDEN is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2012 | -0.03 |
The correlation between IEI and EDEN shifts across timeframes, from -0.03 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IEI vs. EDEN — Risk / Return Rank
IEI
EDEN
IEI vs. EDEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 3-7 Year Treasury Bond ETF (IEI) and iShares MSCI Denmark ETF (EDEN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IEI | EDEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.33 | ||
| Sortino ratioReturn per unit of downside risk | +1.85 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.96 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | -0.33 | +1.52 |
| Martin ratioReturn relative to average drawdown | 3.35 | -0.72 | +4.07 |
Loading charts...
Drawdowns
IEI vs. EDEN - Drawdown Comparison
The maximum IEI drawdown since its inception was -14.60%, smaller than the maximum EDEN drawdown of -36.61%. Use the drawdown chart below to compare losses from any high point for IEI and EDEN.
Loading charts...
Drawdown Indicators
| IEI | EDEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.60% | -36.61% | +22.01% |
Max Drawdown (1Y)Largest decline over 1 year | -2.50% | -21.17% | +18.67% |
Max Drawdown (3Y)Largest decline over 3 years | -3.66% | -29.31% | +25.65% |
Max Drawdown (5Y)Largest decline over 5 years | -13.88% | -36.61% | +22.73% |
Max Drawdown (10Y)Largest decline over 10 years | -14.60% | -36.61% | +22.01% |
Current DrawdownCurrent decline from peak | -1.74% | -13.55% | +11.81% |
Average DrawdownAverage peak-to-trough decline | -2.67% | -7.37% | +4.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 10.27% | -9.38% |
Volatility
IEI vs. EDEN - Volatility Comparison
The current volatility for iShares 3-7 Year Treasury Bond ETF (IEI) is 0.98%, while iShares MSCI Denmark ETF (EDEN) has a volatility of 4.93%. This indicates that IEI experiences smaller price fluctuations and is considered to be less risky than EDEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IEI | EDEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.98% | 4.93% | -3.95% |
Volatility (6M)Calculated over the trailing 6-month period | 2.18% | 15.72% | -13.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.00% | 20.90% | -17.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.78% | 20.25% | -15.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.93% | 19.41% | -15.48% |
IEI vs. EDEN - Expense Ratio Comparison
IEI has a 0.15% expense ratio, which is lower than EDEN's 0.53% expense ratio.
Dividends
IEI vs. EDEN - Dividend Comparison
IEI's dividend yield for the trailing twelve months is around 3.64%, more than EDEN's 2.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDEN iShares MSCI Denmark ETF | 2.87% | 2.79% | 1.50% | 1.92% | 1.47% | 0.74% | 0.42% | 2.36% | 2.01% | 2.03% | 1.28% | 1.46% |
IEI iShares 3-7 Year Treasury Bond ETF | 3.64% | 3.48% | 3.18% | 2.36% | 1.37% | 0.73% | 1.12% | 2.01% | 1.95% | 1.51% | 1.33% | 1.39% |
Frequently Asked Questions
IEI and EDEN have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDEN has higher volatility (4.93%) compared to IEI (0.98%). In terms of maximum drawdown, IEI dropped -14.60% vs EDEN's -36.61%.
On 10-year performance, EDEN leads with 9.22% vs 1.24% for IEI. On fees, IEI is cheaper at 0.15% per year. On volatility, IEI has been the lower-risk option at 0.98%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, EDEN has performed better with a 9.22% return vs 1.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IEI is cheaper with a 0.15% expense ratio, compared with 0.53% for EDEN.
IEI has the higher dividend yield at 3.64%, compared with 2.87% for EDEN.
IEI is categorized as Government Bonds, while EDEN is Europe Equities. IEI tracks ICE U.S. Treasury 3-7 Year Bond Index, while EDEN tracks MSCI Denmark IMI 25/50 Index. Their fees differ too: 0.15% for IEI and 0.53% for EDEN.
IEI currently has the higher Sharpe Ratio (1.00 vs -0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for IEI and EDEN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer